DF Markets Review – FX, CFDs and Spread Betting
Looking for the best forex broker? Your search is over. Read our DF Markets review to evaluate the pros and cons of this online forex broker and choose on the basis of data if it is suitable for your needs. This article is dedicated to reviewing one of the best regulated brokers and to give you a clearer idea of what to expect in case you decide to open an account with them.
DF Markets Review
DF Markets is a retail brokerage firm that is based and located in Canary Wharf, London. The company is of course regulated by the Financial Conduct Authority, and protection of client funds is provided by the Financial Services Compensation Scheme. They offer competitive trading conditions, with no re-quotes, no minimum deposit, and with instant order execution.
Trading accounts
DF Markets offers only one account, the standard account. It offers base currencies of the US dollar, Euro, and British pounds.
The company
DF Markets is based out of London, and of course is regulated by the FCA. The spreads that they offer are some of the best in the market, and of course segregate funds. There are plenty of key regulations that they follow, and the fact that they are based in Canary Wharf suggests that they are in the heartbeat of the Forex global markets.
Trading conditions
Initial deposit
DF Markets allow traders to open up accounts with as little as one dollar, so therefore pretty much anyone can get involved in the Forex markets at these levels. This allows you to try out your trading systems with very little risk.
Spreads and conditions
DF Markets allows you to trade either fixed or variable spreads. For example, the EUR/USD pair has a fixed spread of two pips, but there is a target of 0.8 pips in that market. Another example would be the NZD/USD pair, which has a fixed spread of three pips, with a target of 1.9 pips. The minimum order size is 1000 units of the base currency.
Leverage
DF Markets offers 1:200 leverage for major Forex markets but offer a bit less in other markets. For example, metals offer 1:20 leverage. Stocks can be traded at 1:5 and are found in a multitude of countries. This of course is one of the largest reasons to trade this brokerage, because you have multiple countries such as Sweden, Spain, the United States, the United Kingdom, Japan, and many more countries to buy shares via the CFD market.
Futures markets can be traded via the CFD market on a 1:10 leverage position, while cryptocurrencies are 1:4 as far as leverage is concerned. Spread betting is also offered at DF Markets, which of course is appealing to those of you in the UK.
Trading platforms
DF Markets offer their own proprietary platform, called DF Trader. There is a web-based version, a desktop version, and of course a mobile version. All of these platforms are very robust, and of course free.
Payment methods
DF Markets offers the payment and withdrawing of funds via bank wire transfer, credit/debit cards, and snail mail.
Extras
DF Markets offer quite a bit of educational opportunities, with not only a beginner course, but also intermediate and advanced courses. They are video on demand, so that of course helps the new trader an opportunity to get involved. There are FAQ sections, and of course analysis that professional researchers offer at DF Markets. Because of this, it’s likely that we will see beginners feel very comfortable at this highly regulated, educational, and trader driven brokerage.
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